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White House talks COVID origins

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Biden admin says no consensus over origins of the pandemic despite two government agencies saying it likely leaked from the Wuhan lab

The U.S. Department of Energy has joined the Federal Bureau of Investigation in their assessment that COVID-19 likely leaked from the Wuhan Institute of Virology in China.

This is the latest of several collapses in the COVID-policy that locked-down, masked-up and mandated the United States—and the world—for over two years.

During the White House press briefing John Kirby, the National Security Council Coordinator for Strategic Communications said there is not an intelligence community consensus on how exactly COVID was started.

“There is not a consensus right now in the U.S. government about exactly how Covid started,” Kirby said during the briefing.

“We’re just not there yet,” he said.

“If we have something that is ready to be briefed to the American people and the Congress, we will do that.”

Back in 2020, former President Donald Trump said he had a high degree of confidence that the Wuhan Institute of Virology was the origin of the virus.

When asked what gives him a high degree of confidence, Trump said, “I can’t tell you that. I’m not allowed to tell you that.”

Following the revelation, Republicans are pushing for the release of evidence to the public.

“Obviously millions of deaths, huge economic impacts, and it would once again show that the Chinese Communist Party is not only a menace, but the nature of these regimes is to lie to the world and we need to make that clear to people,” said Senator Dan Sullivan.

With the Department of Energy in agreement with the FBI that the origins of COVID-19 likely originated from the Wuhan lab – China’s government rejected the assessment and accused the agency of engaging in a political smear.

Veronica Dudo is the U.S. Correspondent for Ticker News covering America’s biggest headlines. As an Emmy® Award nominated global journalist, Veronica has traveled across the country and around the world reporting on historical events that connect all citizens. Lauded as an award-winning international journalist, Veronica has executed stellar news coverage for NBC News, CBS News, The Hill, ME-TV Network and AOL. Her stories have highlighted a plethora of topics ranging from breaking news and politics to economic affairs across the USA, European Union, and Asia; cultural affairs; globalization; governance; education; and sustainability.

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Intel and AMD Join Forces to Shape the Future of x86 Chips

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In a groundbreaking development, Intel and AMD—two of the biggest names in the tech industry—are teaming up to shape the future of x86 chip technology.

 

The tech giants have established a joint advisory group to influence the design of chips that power a wide range of devices, from personal computers to large-scale servers. This collaboration marks a significant shift in the industry, as Intel and AMD, traditionally fierce rivals, work together to set new standards for chip innovation.

The aim of this partnership is clear: to stay ahead of rapid changes in the tech world and drive the future of computing. Industry experts predict that this joint effort could lead to significant advancements, with the potential to reshape the landscape of processor technology. The implications for everything from computing performance to energy efficiency could be vast.

 

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How the U.S. THAAD missile deployment to Israel will change Middle East security

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Pentagon sends THAAD system and 100 U.S. troops amid growing regional tensions

The United States has announced the deployment of its advanced THAAD missile defense system to Israel, along with 100 U.S. troops to operate it. This move is seen as a significant step in strengthening Israel’s defense capabilities amid rising security concerns in the Middle East.

The Pentagon confirmed that the Terminal High Altitude Area Defense (THAAD) system is fully operational in Israel, enhancing the nation’s ability to intercept and neutralise incoming missile threats.

This deployment comes at a time when regional conflicts and tensions, particularly involving Iran, are intensifying.

How it’s designed

The THAAD system is designed to complement Israel’s existing missile defense systems, such as the Iron Dome, by providing an additional layer of protection against long-range missile threats.

The U.S. has a long-standing defense relationship with Israel, and this latest move signals deeper military cooperation between the two nations.

With this deployment, the U.S. sends a strong message to regional actors, particularly Iran, about its commitment to defending Israel and maintaining security in the Middle East. The strategic implications for neighbouring countries are also noteworthy, as the increased U.S. military presence could impact ongoing diplomatic efforts in the region.

As tensions rise and the deployment of THAAD unfolds, questions remain about the potential challenges and risks this advanced defense system might pose.

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Boeing’s financial turbulence leads to bold cash-raising moves

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Company eyes new credit and shares to survive as strikes and delays weigh the company down

Boeing is taking drastic steps to secure its future, seeking to raise at least $10 billion by selling new shares and securing a fresh credit line.

The iconic manufacturer has been struggling this year with major setbacks, including a 737 MAX mishap in January and a machinist strike that halted production.

In filings made Tuesday, Boeing revealed plans to issue up to $25 billion in shares or debt over the next three years while locking in a $10 billion credit deal.

Sources say the company will aim to raise around $10 billion from its upcoming stock offering.

Boeing called the moves “prudent steps” to ensure access to liquidity as it faces growing financial challenges.

Its stock, which began the year at $250, rose 2% to about $152 after the announcement, as analysts expressed relief over Boeing’s efforts to stabilize its cash flow.

The machinist strike, which started last month, has intensified the company’s cash problems, with Boeing burning through $1 billion per month before the walkout.

Boeing hasn’t posted a profit since 2018, and the coming months will be critical as it battles to recover.

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